MoneyWorks4Me

Tech Mahindra’s arm to acquire 100% stake in Activus Connect LLC, Activus Connect PR LLC

04 Dec 2021 Evaluate

Tech Mahindra through its wholly owned subsidiary viz., Tech Mahindra (Americas) Inc. has approved the proposal to acquire 100% equity shares in Activus Connect LLC and Activus Connect PR LLC (together called as Project Activus or Target). The acquisition will bolster Tech Mahindra’s capability in the work-at-home Customer Experience Management (CXM) space, by employing Target’s unique delivery model and disruptive platform called SmartVirtual. Tech Mahindra will pay total consideration of up to $62 million including earnouts.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.

Peers
Company Name CMP
TCS 2090.00
Infosys 1011.40
HCL Technologies 1250.85
Wipro 164.85
Tech Mahindra 1562.75
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